What is the Preserved Right to Buy?
The Preserved Right to Buy scheme offers eligible tenants the opportunity to purchase their home at a lower price than the full market value. This is because the length of time you have spent as a tenant entitles you to a discount.
The maximum discount for the South East region is £75,000.
Who qualifies for the Preserved Right to Buy?
Tenants who were previously a secure tenant of a local authority and became an assured tenant because the ownership of their home was transferred to a registered social landlord may be eligible to purchase their home under the Preserved Right to Buy scheme. This only applies if you have remained a tenant with the same registered social landlord.
If you have moved to a property owned by a different registered social landlord then you would lose your Preserved Right to Buy.
If you would like any more information about the Right to Buy scheme or to apply, please contact a member of the Sales and Marketing team on 023 80 684463 or via email, email@example.com.